OECD

ON THE US

ON BONDS

ECONOMIC OUTLOOK

The OECD has warned the UK is teetering on the edge of a double-dip recession, and has called for further quantitative easing to support the economy.

ON JAPAN

ON ASSET ALLOCATION

The Fidelity South East Asia fund manager warns share prices and currencies are pricing in a crisis scenario despite solid fundamentals.

The OECD has urged global economies, particularly Europe, to take "credible steps" to curtail debt as it said the recovery has ground to a halt.

Growth in the UK has deteriorated for the sixth consecutive month while the global recovery has peaked, according to the Organisation for Economic Co-operation and Development (OECD).

At any point in time, the engine of economic growth depends on the strength of the four cylinders on which it is driven; the household sector, the banking sector, the government and the non-financial corporate sector.